Iraq: Growth of exports

* indicates monthly or quarterly data series
 Iraq

Exports of goods and services, annual growth

 Latest value 6.73
 Year 2024
 Measure percent
 Data availability 2008 - 2024
 Average 5.72
 Min - Max -14.97 - 34.46
 Source The World Bank
 Available for Data download
The latest value from 2024 is 6.73 percent, a decline from 12.08 percent in 2023. In comparison, the world average is 4.54 percent, based on data from 155 countries. Historically, the average for Iraq from 2008 to 2024 is 5.72 percent. The minimum value, -14.97 percent, was reached in 2021 while the maximum of 34.46 percent was recorded in 2015. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Iraq: Growth of exports
 2024 6.73
 2023 12.08
 2022 7.23
 2021 -14.97
 2020 -10.10
 2019 4.64
 2018 6.27
 2017 -1.00




Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 122.90 2024 percent
 Trade openness 77.14 2024 percent
 Financial openness -1.248 2002 index points
 Exports, percent of GDP 39.76 2024 percent
 Exports, billion dollars 111.20 2024 billion U.S. dollars
 Growth of exports 6.73 2024 percent
 Imports, percent of GDP 37.38 2024 percent
 Imports, billion dollars 104.52 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -2.74 2024 percent
 Foreign Direct Investment, billion dollars -7.65 2024 billion U.S. dollars
 Portfolio investment inflows, equities 0.20 2024 million dollars (current)
 Current account, percent of GDP 2.99 2024 percent
 Current account, in dollars 8.37 2024 billion U.S. dollars
 Trade balance, percent of GDP 2.39 2024 percent
 Trade balance, in dollars 6.68 2024 billion U.S. dollars
 Reserves 100.69 2024 billion U.S. dollars
 Remittances, percent of GDP 0.25 2024 percent
 Remittances 696.30 2024 million U.S. dollars
 Net errors and omissions -7,663.74 2024 million USD
 External debt 7.51 2023 percent
 Short-term external debt 4.78 2023 percent
 Short-term debt to reserves 0.87 2023 percent
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